Pingtan Marine Enterprise Price on March 9, 2023
PMEDelisted Stock | USD 0.27 0.00 0.00% |
If you're considering investing in Pingtan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pingtan Marine stands at 0.27, as last reported on the 30th of November, with the highest price reaching 0.27 and the lowest price hitting 0.27 during the day. We have found nineteen technical indicators for Pingtan Marine Enterprise, which you can use to evaluate the volatility of the company. Please check Pingtan Marine's Variance of 109.56, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,385) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Pingtan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Pingtan Marine is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pingtan Marine by adding Pingtan Marine to a well-diversified portfolio.
Pingtan Marine Main Headline on 9th of March 2023
Pingtan Marine Enterprise Now Covered by Analysts at StockNe... by thelincolnianonline.com
StockNews.com started coverage on shares of Pingtan Marine Enterprise in a research report released on Sunday. The brokerage issued a sell rating on the stock. Pingtan Marine Enterprise Stock Performance Shares of PME stock opened at 0.27 on Friday. The firm has a market cap of 23.20 million, a PE ratio
Pingtan Marine Valuation on March 9, 2023
It is possible to determine the worth of Pingtan Marine on a given historical date. On March 9, 2023 Pingtan was worth 0.27 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pingtan Marine stock. Still, in general, we apply an absolute valuation method to find Pingtan Marine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pingtan Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pingtan Marine's related companies.
Open | High | Low | Close | Volume | |
0.27 | 0.27 | 0.27 | 0.27 | 1.00 | |
03/09/2023 | 0.27 | 0.27 | 0.27 | 0.27 | 1.00 |
0.27 | 0.27 | 0.27 | 0.27 | 1.00 |
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Pingtan Marine Trading Date Momentum on March 9, 2023
On March 10 2023 Pingtan Marine Enterprise was traded for 0.27 at the closing time. Highest Pingtan Marine's price during the trading hours was 0.27 and the lowest price during the day was 0.27 . There was no trading activity during the period 1.0. Lack of trading volume on the 10th of March did not cause price change. The trading delta at closing time to current price is 0.00% . |
Pingtan Marine Enterprise Fundamentals Correlations and Trends
By evaluating Pingtan Marine's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pingtan Marine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pingtan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pingtan Marine Stock history
Pingtan Marine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pingtan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pingtan Marine Enterprise will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pingtan Marine stock prices may prove useful in developing a viable investing in Pingtan Marine
Pingtan Marine Enterprise Ltd., together with its subsidiaries, engages in the ocean fishing business. Pingtan Marine Enterprise Ltd. is based in Fuzhou, the Peoples Republic of China. Pingtan Marine operates under Farm Products classification in the United States and is traded on NASDAQ Exchange. It employs 2356 people.
Pingtan Marine Stock Technical Analysis
Pingtan Marine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
Pingtan Marine Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Pingtan Marine Enterprise cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pingtan Marine November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Pingtan Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pingtan Marine shares will generate the highest return on investment. By undertsting and applying Pingtan Marine stock market strength indicators, traders can identify Pingtan Marine Enterprise entry and exit signals to maximize returns
Pingtan Marine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pingtan Marine's price direction in advance. Along with the technical and fundamental analysis of Pingtan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pingtan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.90) | |||
Total Risk Alpha | (2.51) | |||
Treynor Ratio | (0.72) |
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Pingtan Stock
If you are still planning to invest in Pingtan Marine Enterprise check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pingtan Marine's history and understand the potential risks before investing.
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